Boeing's Starliner spacecraft program has incurred over $2 billion in losses, with the latest report revealing a $523 million charge for 2024. The program has consistently faced setbacks, including a malfunctioning propulsion system on its first crewed flight, forcing NASA to rely on SpaceX for crew returns. The future of Starliner remains uncertain as Boeing seeks to address the technical issues and regain NASA's confidence.
Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut flight turned into a headache for
, so “there is ongoing risk that similar losses may have to be recognized in future periods.” Since 2014, when and counting on its Dragon capsules. Last summer, Boeing’s first crew flight went awry after part of the capsule’s propulsion system malfunctioned. While Starliner delivered astronauts Butch Wilmore and Suni Williams to the International Space Station,
have provided details on how or when they plan to resolve the Starliner propulsion issue. Boeing last week confirmed that Starliner Vice President Mark Nappi was leaving his role, Reuters reported, with the company’s ISS program manager John Mulholland named as his replacement. Mullholland previously led the Starliner program from 2011 to 2020. Nearly four months ago,
BOEING STARLINER NASA SPACEX PROPULSION MALFUNCTION
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